According to real estate guru Wendy Patton,Seattle is one of the hottest real estate markets for investment right now. Here are her top choices for the hottest markets for fix-and-flip properties:• Pittsburg - ROI 89%
• Philadelphia - ROI 56%
• Memphis - ROI 51%
• Detroit - ROI 48%
• Seattle - ROI 48%
Of course, even within these major cities results will vary by neighborhoods. For example, median house prices in the 98115 zip code increased 11% over the same time last year, while those in 98108 zip increased 18%. Of course, the median home price in 98115 was $540,000 this year, and only $332,000 in 98108.
Location matters!
Happy Investing!
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